Specification Planning

You will need a spec plan to finalize your house plan, negotiate the building project with a contractor, and arrange financing with the lender. The spec plan defines what you are looking for in each room.

About Home Construction Financing

There are two parts: 1) first, you will use a home construction line to pay for subcontractors and materials during construction; 2) then you will use a residential mortgage to payoff the construction line once the project is finished.